Blog

In today’s complex business landscape, efficient Value Added Tax (VAT) management is crucial for maintaining healthy cash flow and minimizing compliance risks. Our recent masterclass, “Mastering VAT Efficiency,” provided valuable insights from our senior VAT consultants on how to streamline VAT processes and maximize recoveries.

Romania’s 2025 Intrastat reporting thresholds for intra-EU trade remain at 1,000,000 RON for dispatches and arrivals, requiring reports only if trade exceeds this value.

Portugal’s 2025 State Budget extends the recognition of PDF invoices as e-invoices until 31 December 2025, after which a qualified electronic signature will be mandatory for legal validity.

The December edition of our International VAT Rate Round Up highlights the latest updates from Bulgaria, Canada, Ecuador, Estonia, Guernsey, Latvia, and Vietnam.

The December edition of the Global VAT Guide features comprehensive updates on VAT regulations and developments from The European Union, Liechtenstein, Lithuania, Luxembourg, Netherlands, Northern Ireland, Poland, Romania, Spain, and Guinea-Bissau.

On January 31st 2021, the United Kingdom became a third country for VAT purposes, and the EU reverse charge rules for the supply of goods sent to/from the UK no longer applies. Companies instead should treat such transactions as exports or imports.